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Investors & landlords
These are not deductible. The expenses below are added to the basis. Just because something was on the closing statement, it doesn't mean that you can include it.
- Title fees
- real estate commissions
- documentary stamps
- credit report costs
- costs of an abstract
- transfer taxes
- home inspection
- flood certificate
- attorney fees, etc.
‎February 27, 2021
3:06 PM